Wallingford Youth Soccer League Inc

Analysis

Wallingford Youth Soccer League Inc is a registered charity in United States, based in Wallingford, CT. It received its IRS tax-exemption ruling in January 1995, 31 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Wallingford Youth Soccer League Inc reported income of $169k and spending of $174k, spending 103% of its income. Across the 5 years on record, from July 2020 to July 2024, income grew from $114k to $169k (+49%), an average of +10% a year. The sharpest change came in the year to July 2023, when income rose by 18%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Wallingford Youth Soccer League Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within CT. Charities of a similar size with the same main cause include Rolling Hills Snowmobile & Atv Club Inc ($169k), Rainbow Riders NFP ($169k) and Tuscon Youth Football & Spirit Federation Inc ($169k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $135k against liabilities of $0, net assets of $135k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.